In conversation with Jeff Kletti, head of investments at Wells Fargo Institutional Retirement and Trust, PLANADVISER gets an inside view of some emerging—and some familiar—defined contribution plan trends.
Tag: active management
Down from a high of 84% in 1996, twenty years later the majority of the assets owned by respondents, 69%, are still actively managed.
Some are looking to build on proprietary investment models.
The median investment management fee charged to retirement plans is 38 basis points, according to the Callan Institute.